-
Businsess Loans > Lender Reviews > Speedy Finance
Speedy Finance: Fast & Focused Business Funding. Founded in 2004 on Australia's Gold Coast, Speedy Finance has built a reputation for being the quickest route to business funding. With an impressive 4.8-star customer rating, they're known for getting you the cash you need, when you need it.
Loan Options:
- Loan term: 3 to 24 months (perfect for short-term needs)
- Loan range: $20,000 to $1,000,000
Why Choose Speedy Finance?
- Lightning-fast approvals: Get a decision quickly and get back to running your business.
- Industry agnostic: They work with businesses in all sectors.
- No exit fees: There are no hidden costs to ending your loan early.
Focus & Expertise:
Speedy Finance specializes in secured business loans, using property as collateral. This allows them to offer competitive rates and focus on getting you the funds you need fast.
Here's what Speedy Finance excels at:
- 1st & 2nd Mortgages: Unlock the equity in your property for business growth.
- Principal & Interest or Interest-Only options: Choose the repayment structure that best suits your cash flow.
Use Your Loan For:
- Working capital: Bridge cash flow gaps and keep your business running smoothly.
- Equipment & Inventory: Invest in the tools and resources you need to thrive.
- Property upgrades: Give your business space a refresh.
- Staffing: Hire the talent you need to take your business to the next level.
- Growth & Expansion: Fuel your ambitions and take your business further.
- Marketing & Advertising: Reach new customers and boost your brand awareness.
Qualifying for a Speedy Finance Loan:
They keep things simple with a focus on strong financials and property value.
- Loan-to-Value Ratio (LVR) under 80%: Your property value should comfortably cover the loan amount.
- Demonstrated loan serviceability: Show them your business can handle the repayments.
Simple Application Process:
Apply online in minutes with a user-friendly application process. Here's what to expect:
- Quick Application: Submit your information online.
- Document Review: Speedy Finance will assess your financials and property details.
- Offer & Approval: Receive a loan offer if approved.
- Finalize Documents: Sign the necessary paperwork.
- Funding Received: Get the cash you need to move forward.
Safety & Security:
Speedy Finance is a trusted lender, accredited by the Financiers Association of Australia.
The Bottom Line:
If you're an Australian business owner who needs fast, secure funding, Speedy Finance is the perfect partner. Their streamlined process and focus on short-term secured loans can get you the money you need to achieve your goals.
